Posted inChina

Beijing to bypass US systems with e-RMB drive

China has made a head start in the global race to research and launch a full digital currency, with some civil servants in a few pilot cities including Shenzhen, Suzhou and Chengdu getting half their pay in the form of the e-RMB. Internal testing and trials spearheaded by the People’s Bank of China (PBoC) have […]

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